CSEP60312 Research Ethics: Financial Ethics in Healthcare
Questions:
1. Ethics in Health Administration
2. Why does healthcare profit making affect community trust?
3. How do healthcare organizations balance mission and profit margin?
4. Which key ethics issues exist in the financial side of health care?
5. Can healthcare administrators balance stewardship with fiscal responsibility?
2.Ethical Decision-Making Processes
The authors also discussed common errors or decision traps that can occur during the ethical decision-making process. Choose one decision trap, describe it, and identify in which steps of the ethical decision-making process framework it might occur. Explain how, as a health care manager.
Answer:
1. Financial ethics in healthcare
Many organizations have overemphasized the need of observing the code of ethics in service delivery. The need to be ethical in the financial sector of the health organizations is not an exception. All the healthcare practitioners must be aware of the ethics in finance field to avoid the intimidation of the patients. It is unethical to accept or give any bribe with the intention of concealing the truth. Whether they bribe is expensive or cheap, and motives will be probably to illegal the right purpose, and it should be avoided by all means.
The healthcare practitioners should abide by and obey the managerial and financial rules and regulations of the health institutions they work for. If they work in a private sector, and the system does not allow them to work in public institutions or in any other institution they should obey and adhere to the policy (Monfardini, Barretta, & Ruggiero, 2013)
It is also unethical and illegal for a health practitioner to expose a patient to medical procedures or investigation with the intention of getting more money without a clear medical indication. It is not permissible to give or take any payment by the medical practitioners when referring the patient to somewhere else. (Elçi, Karabay, & Akyüz, 2015)
Healthcare practitioners are not allowed to charge more fee to the patient than the one determined by the authorities. If there are no set charges by the management, the custom should be used. The fee charged to the patients should not be exaggerated. Under no circumstance is the healthcare practitioners allowed to give priority to their social or financial interest ahead of the health of the patient they are treating.
- In making the ethical decisions of an organization, the managers must ensure that all facts are gathered, and the issue or situation at hand is explicitly defined. All the stakeholders should be involved, and the possible solutions to the problem should be identified before the decision is made. They must make sure that ethical principles are differentiated from the non-moral concerns. Ethical drivers should be determined and ethical analyses conducted to avoid making mistakes. There should be one moral principle versus non-moral interest and one noble driver versus many tangential ethical principles. Healthcare managers should be careful in coming up with the most suitable course of action that is based on philosophy. Implementation of the identified course of action is quite essential for the success of an organization. The leaders must ensure they act, monitor, evaluate and modify how matters are handled to get the best performance (Ford, & Richardson, 2013)
Moral blindness is a state of insensitivity or unaware of issues to do with morality which pertains oneself and one's relationships with others (Bauman, & Donskis, 2013). Moral blindness can affect some steps of ethical decision-making process framework. For instance, it can interfere with determining the ethical drivers, acting and evaluating as well as monitoring and modifying. To avoid moral blindness in decision making, the healthcare managers should know their team's strengths and weaknesses and how different individuals approach matters. Managers should allocate duties based on where different people can perform best.
References
Bauman, Z., & Donskis, L. (2013). Moral blindness: The loss of sensitivity in liquid modernity. John Wiley & Sons.
Elçi, M., Karabay, M. E., & Akyüz, B. (2015). Investigating the mediating effect of ethical climate on organizational justice and burnout: A study on financial sector. Procedia-Social and Behavioral Sciences, 207, 587-597.
Ford, R. C., & Richardson, W. D. (2013). Ethical decision making: A review of the empirical literature. In Citation classics from the Journal of Business Ethics (pp. 19-44). Springer, Dordrecht.
Monfardini, P., Barretta, A. D., & Ruggiero, P. (2013, March). Seeking legitimacy: Social reporting in the healthcare sector. In Accounting Forum (Vol. 37, No. 1, pp. 54-66). Elsevier
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CSEP60312 Research Ethics: Financial Ethics in Healthcare
Questions:
1. Ethics in Health Administration
2. Why does healthcare profit making affect community trust?
3. How do healthcare organizations balance mission and profit margin?
4. Which key ethics issues exist in the financial side of health care?
5. Can healthcare administrators balance stewardship with fiscal responsibility?
2.Ethical Decision-Making Processes
The authors also discussed common errors or decision traps that can occur during the ethical decision-making process. Choose one decision trap, describe it, and identify in which steps of the ethical decision-making process framework it might occur. Explain how, as a health care manager.
Answer:
1. Financial ethics in healthcare
Many organizations have overemphasized the need of observing the code of ethics in service delivery. The need to be ethical in the financial sector of the health organizations is not an exception. All the healthcare practitioners must be aware of the ethics in finance field to avoid the intimidation of the patients. It is unethical to accept or give any bribe with the intention of concealing the truth. Whether they bribe is expensive or cheap, and motives will be probably to illegal the right purpose, and it should be avoided by all means.
The healthcare practitioners should abide by and obey the managerial and financial rules and regulations of the health institutions they work for. If they work in a private sector, and the system does not allow them to work in public institutions or in any other institution they should obey and adhere to the policy (Monfardini, Barretta, & Ruggiero, 2013)
It is also unethical and illegal for a health practitioner to expose a patient to medical procedures or investigation with the intention of getting more money without a clear medical indication. It is not permissible to give or take any payment by the medical practitioners when referring the patient to somewhere else. (Elçi, Karabay, & Akyüz, 2015)
Healthcare practitioners are not allowed to charge more fee to the patient than the one determined by the authorities. If there are no set charges by the management, the custom should be used. The fee charged to the patients should not be exaggerated. Under no circumstance is the healthcare practitioners allowed to give priority to their social or financial interest ahead of the health of the patient they are treating.
- In making the ethical decisions of an organization, the managers must ensure that all facts are gathered, and the issue or situation at hand is explicitly defined. All the stakeholders should be involved, and the possible solutions to the problem should be identified before the decision is made. They must make sure that ethical principles are differentiated from the non-moral concerns. Ethical drivers should be determined and ethical analyses conducted to avoid making mistakes. There should be one moral principle versus non-moral interest and one noble driver versus many tangential ethical principles. Healthcare managers should be careful in coming up with the most suitable course of action that is based on philosophy. Implementation of the identified course of action is quite essential for the success of an organization. The leaders must ensure they act, monitor, evaluate and modify how matters are handled to get the best performance (Ford, & Richardson, 2013)
Moral blindness is a state of insensitivity or unaware of issues to do with morality which pertains oneself and one's relationships with others (Bauman, & Donskis, 2013). Moral blindness can affect some steps of ethical decision-making process framework. For instance, it can interfere with determining the ethical drivers, acting and evaluating as well as monitoring and modifying. To avoid moral blindness in decision making, the healthcare managers should know their team's strengths and weaknesses and how different individuals approach matters. Managers should allocate duties based on where different people can perform best.
References
Bauman, Z., & Donskis, L. (2013). Moral blindness: The loss of sensitivity in liquid modernity. John Wiley & Sons.
Elçi, M., Karabay, M. E., & Akyüz, B. (2015). Investigating the mediating effect of ethical climate on organizational justice and burnout: A study on financial sector. Procedia-Social and Behavioral Sciences, 207, 587-597.
Ford, R. C., & Richardson, W. D. (2013). Ethical decision making: A review of the empirical literature. In Citation classics from the Journal of Business Ethics (pp. 19-44). Springer, Dordrecht.
Monfardini, P., Barretta, A. D., & Ruggiero, P. (2013, March). Seeking legitimacy: Social reporting in the healthcare sector. In Accounting Forum (Vol. 37, No. 1, pp. 54-66). Elsevier
Buy CSEP60312 Research Ethics: Financial Ethics in Healthcare Answers Online
Talk to our expert to get the help with CSEP60312 Research Ethics: Financial Ethics in Healthcare Answers to complete your assessment on time and boost your grades now
The main aim/motive of the management assignment help services is to get connect with a greater number of students, and effectively help, and support them in getting completing their assignments the students also get find this a wonderful opportunity where they could effectively learn more about their topics, as the experts also have the best team members with them in which all the members effectively support each other to get complete their diploma assignments. They complete the assessments of the students in an appropriate manner and deliver them back to the students before the due date of the assignment so that the students could timely submit this, and can score higher marks. The experts of the assignment help services at urgenthomework.com are so much skilled, capable, talented, and experienced in their field of programming homework help writing assignments, so, for this, they can effectively write the best economics assignment help services.
